What are the differences between buying property in Scotland vs England? GET IN TOUCH TODAY As they are all part of the United Kingdom, there will not be any differences between transactions of property in Scotland or in England and Wales, right? Wrong! Different versions of property [...]
Revolving Credit vs Overdrafts - What are they? GET IN TOUCH TODAY Overdrafts and Revolving Credit In business ensuring your finances are under control can be tricky, and sometimes taking out a traditional business loan can be hard work or the minimum borrowing amounts are higher than [...]
Tools for your start-up business GET IN TOUCH TODAY Starting out in business can be very daunting and sometimes seems riskier than you first think. There is a difference between creating a job and starting a business and that can be determined by your plans and revenue [...]
Underwriting, what is it? How does it affect my application? GET IN TOUCH TODAY What Is Underwriting? Are you aware of the underwriting process when you apply for Business Finance? It doesn’t matter what the product is, Asset Finance, Invoice finance, Mortgage, Working Capital Loan. Underwriting is [...]
What is a regulated vs unregulated buy to let mortgage? GET IN TOUCH TODAY What’s the difference? Regulated Buy to Let Mortgages or Consumer Buy to Let Mortgages (CBTL), are regulated as residential mortgages and are aimed at and individual rather than professional landlords. Buy to let [...]
Coronavirus Bounce Back Loan Scheme (BBL) GET IN TOUCH TODAY The Bounce Back Loan scheme will help small and medium-sized businesses to borrow between £2,000 and £50,000. The government will guarantee 100% of the loan and there won’t be any fees or interest to pay for the [...]
Coronavirus Business Interruption Loan Scheme (CBILS) GET IN TOUCH TODAY The Coronavirus Business Interruption Loan Scheme (CBILS) supports small and medium-sized businesses, with an annual turnover of up to £45 million, to access loans, overdrafts, invoice finance and asset finance of up to £5 million for up [...]
There can be a real conundrum with commercial justification or commercial benefit when it comes to organising a business loan or commercial finance for your organisation...let me explain. UK legislation in the form of the Companies Act 2006, requires the directors of limited companies/members of LLPs to always act in good faith and [...]
Invoice Financing is the provision of a business loan which is secured against the asset of an unpaid invoice within Business to Business transactions. A more detailed explanation of Invoice Financing can be found here This article focuses more importantly on the differences between Invoice Factoring and Invoice Discounting, as they can [...]
Revolving credit facilities are a kind of working capital finance. Like overdrafts, you can access approved funds as required, and interest can be typically charged on the amount withdrawn while it is outstanding. Revolving credit facilities can be a better alternative to overdrafts, which used to be readily available with the high street [...]
